I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...
I found several posts about QOZF on BP but don't have a satisfactory answer to this question yet. I know a turnkey property that is doing some new construction in an OZ. I am pretty sure they must be using some of OZ ...
Hello BP,I recently did a small amount of improvement (<$1000) on one side of a duplex that I am now living in. Projects included installing vinyl plank flooring in two rooms, refinishing kitchen cabinets, and inst...
I've reached the point where I'm ready to partner up! my business partner and I have decided to go in on investing together! I want to ensure we do this right, but I feel lost and stuck! I'm looking for experience her...
Hi BP Family,
I had a question about bank accounts for rent collection. I recently purchased two rentals and I have a third under contract. I have my personal checking accounts and business checking accounts for an...
Investment Info:
Condo fix & flip investment.
Purchase price: $130,000
Cash invested: $50,000
Sale price: $187,000
Bought this condo for 161,000. After we sold our home in another City (dayto...
Investment Info:
Single-family residence fix & flip investment in Houston.
Purchase price: $95,000
Cash invested: $26,500
Sale price: $165,000
Purchases SFR w/ girlfriend to do fix and flip o...
Hello everyone! My name is Sarah. I'm 22 years old, and I work full-time as a Trauma Critical Care Registered Nurse, I attend school full-time, and I am a Staff Sergeant in the US Air Force Reserves. My father has dis...
Hi I am interested in buying a 6 unit multifamily. Does a commercial loan require seasoned money if its 25% or 20% or I can come up with other ways to come up with the down payment. Also does a 401k qualify for reserv...
Investment Info:
Single-family residence fix & flip investment in Tampa Bay Area.
Purchase price: $20,000,000
Cash invested: $3,000,000
Sale price: $25,000,000
I have been involved with liter...